Kalgoorlie Gold locks in drilling date

Kalgoorlie Gold Mining (ASX:KAL) is scheduled to begin drilling on or around 5 September 2023 at both the Kirgella Gift and Providence prospects within its Pinjin Project in the Eastern Goldfields of Western Australia.

Drilling will start following consultation with Aboriginal stakeholders in which no heritage sites were identified within the target areas. 

Both Kirgella and Providence are believed to be part of the one mineralised system. The company plans to test for gold mineralisation continuity over about 1,000m of strike with subsequent drill programs.  

Drilling will comprise 12 reverse circulation (RC) holes for around 1,840m and has been designed to extend ‘thick’, shear-hosted gold mineralisation down-dip and down-plunge at Kirgella, as well as to confirm mineralisation in historic holes at Providence.  

KalGold notes that drillhole collar locations have already been pegged and drill pad preparation will begin later this week. 

Once all applications are granted, Kalgoorlie Gold will meet its heritage obligations by performing detailed due diligence and undertaking a new project area-wide heritage survey to streamline exploration programs.  

Addressing the upcoming drilling program, Kalgoorlie Gold Mining Managing Director Matt Painter says: 

“We are following up on the thick, shear-hosted gold intercepts of our initial confirmatory drilling at Kirgella Gift, aiming to extend down-plunge and along strike to the south towards the Providence prospect. 

This program is the first step in our assessment of the highly prospective Pinjin project

This program is the first step in our assessment of the highly prospective Pinjin project. The project area is host to a swag of targets located on a 20km long segment of the highly prolific Laverton Tectonic Zone, between Hawthorn Resources’ Anglo Saxon gold mine and Ramelius Resources’ Rebecca gold project located 20km along strike to our south.” 

The Pinjin Project is located within the 30-million-ounce Laverton Tectonic Zone about 25km from Ramelius Resources’ (ASX:RMS) Rebecca Gold Project. 

Kalgoorlie Gold Mining had $2.65 million in cash and no debt as of 31 July 2023 following a recent $1.4 million placement, a $730,000 share purchase plan, and transfer of funds for the Pinjin acquisition and farm-in, according to its latest quarterly report.

Write to Adam Drought at Mining.com.au

Images: Kalgoorlie Gold Mining
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.